18. The accountant for Optic Co. has determined the following information for the year ended, December 31, 2021.

Profit or loss 300,000

Share of total comprehensive income after tax of associates 20,000

Share of profit (after tax) of associates 15,000

Exchange difference gain (net of tax of P3,000) on translation of

foreign operation up to the date sold (October 1, 2021) 7,000

Exchange difference gain (net of tax of P9,000) on disposal of

foreign operation recognized in profit for the year 21,000

Increase in asset revaluation surplus (net of tax) 45,000

What is the total amount of other comprehensive income for Optic Co. for the year ended, December 31, 2021?

a. 36,000 b. 57,000 c. 51,000 d. 72,000

19. The alphabetical list of items that may be relevant in the preparation of a statement of comprehensive income of Kimberlie Corporation is provided below:

Actuarial gains on defined benefit pension plans recognized outside profit or loss

1,333

Decrease in inventories of finished goods and work in progress

107,900

Depreciation and amortization expense

17,000

Employee benefits expense

43,000

Exchange differences gain on translating foreign operations

10,667

Finance costs

18,000

Gains on property revaluation

3,367

Income tax expense

32,000

Income tax relating to components of other comprehensive income

9,334

Loss for the year from discontinued operations

30,500

Other expenses

5,500

Other income

11,300

Raw material and consumables used

92,000

Revenue

355,000

Share of other comprehensive income of associates (Unrealized loss on available-for-sale financial assets)

700

Share of profit of associates

30,100

Unrealized gain on available-for-sale financial assets

26,667

Unrealized loss on derivatives in an effective cash flow hedge

4,000

Work performed by the entity and capitalized

15,000

Based on the above and the result of the audit, determine the following:

1. The profit for the year

a. 65,500 b. 64,800 c.96,000 d. 281,300

2. The other comprehensive income for the year

a. 93,500 b. 32,700 c. 28,700 d. 28,000

3. Total comprehensive income for the year

a. 93,500 b. 92,800 c.94,200 d. 28,000